A company whose shallow natural gas wells are in the vicinity of the CNX Resources Corp. well that was shut on Monday following several days of leaking said it sees no major impact from the incident.
“At this time, our production capabilities have not been negatively impacted by the pressure anomaly observed on the Shaw 1G well,” said Rusty Hutson, CEO of Diversified Gas & Oil. Diversified acquired several subsurface wells from CNX (NYSE: CNX) early last year, including several near the Shaw…
The system, known as NeuFuel, differs from compressed natural gas because it can be used at a lower pressure than CNG.
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